Federal Board of Revenue (FBR) has clarified that the table prescribing tax rates for minimum tax on turnover basis has…
Senate Standing Committee on Finance on Monday criticized the Federal Board of Revenue’s (FBR) absolute action against taxpayers, who facing…
The government has finally taken the decision to remove all income tax provisions from the Finance Bill, 2021, relating to…
The standing committee informed and proposed that an amendment is under way to streamline legality that deals with the tax…
The government proposed to exempt all registered political parties of Pakistan from the obligation of submitting their annual income tax…
The Inland Revenue officers of the Federal Board of Revenue (FBR) have been given unlimited powers to arrest any person…
Federal Board of Revenue (FBR) issued a clarification on a news published in the daily Express Tribune, in its issue…
The government presented the next fiscal year’s (2021-2022) budget with a total volume of over Rs. 8 trillion. While presenting…
The federal development budget for the next financial year has been allocated Rs 900 billion, the federal ministries will get…
Preliminary proposals have been prepared for the development budget of Punjab for the next financial year. Apart from the recommendations…